Patriot Games: New President, but United Front on Iranian Nuclear Program?

This weekend, the world welcomed the surprise victory of Hassan Rouhani, the most “moderate” of approved candidates in Iran’s presidential election. Commentators voiced optimism over potential changes in policies, amid ongoing economic sanctions against Iran’s nuclear program, but coming changes to Iran’s foreign relations are likely overstated. Iranian elections are notoriously hard to predict, and […]

What to Watch in 2013: Eastern Europe/CIS edition

The following inexhaustive list is a companion to last week’s post on things to watch in MENA and our recently published outlooks. In general our regional outlook, like our global one, has become brighter on the margins but emphasizes the divergence in growth across the region and across emerging and frontier markets. We’ll be treating […]

What to Watch for 2013: MENA Edition

2012 has been quite another rollercoaster year for the Middle East, including rocky transitions, flareups and protracted conflict. Meanwhile the region finally started benefitting from the lagged effect of higher oil prices. 2013 will no doubt bring more of the same, particularly as populations and leaders struggle to begin responding to economic grievances. Clockwise from […]

Mr. Draghi, Mr. Arnault, and Europe’s Gordian Knot

What does the ECB bond purchase program announced by Mario Draghi last Thursday have to do with French billionaire Bernard Arnault’s application for Belgian citizenship on Saturday? Both reflect a Gordian knot at the heart of the European Union that makes relatively straightforward solutions to the crisis elusive. This Gordian knot is, in turn, the […]

India Is Likely to Move Out of Policy Logjam

The last few months of Pranab Mukherjee (India’s prime Presidential candidate now) being at the helm of India’s Ministry of Finance has been tumultuous, to say the least. Maybe, not as much for him but surely for the economy, as a whole. Not that the entire blame lies at his doors. The global economy continued […]

Greek Elections: Returning to the Unsustainable Status Quo

New Democracy (ND) just barely pulled ahead of the anti-bailout, left-wing Syriza in the election on June 17th. According to the Greek constitution, the party in first place wins 50 bonus seats in parliament. With roughly 85% of the votes counted and Syriza having conceded defeat, it looks like ND will have 130 seats, Syriza […]

RGE’s Arnab Das Bloomberg Video on ECB Policy, Spain Outlook

Bloomberg: Arnab Das, managing director of market research and strategy at Roubini Global Economics, talks about fiscal and political integration in Europe, Italy’s public debt levels and European Central Bank monetary policy. He speaks with Maryam Nemazee on Bloomberg Television’s “The Pulse.”  

Ireland Should Vote Yes on the Fiscal Compact

With fewer than ten days to go until the Irish referendum on the fiscal compact, a huge percent of the population remains undecided about how they are going to vote. According to a recent opinion poll, 37% of respondents will vote in favour of the fiscal compact, 24% against it and 35% are undecided. While […]

Greek Politics: A Step Towards the Exit

All eyes were on France going into the weekend of May 6th, but it turns out the Greek elections have much bigger potential implications for the future of the eurozone (EZ). Last Sunday marked a seismic shift in Greek politics, in which the two main political parties—New Democracy (ND) and Pasok—together failed to win an […]

Myanmar and China’s Complex Relationship

With political and economic reforms being pressed forward, Myanmar continues to astound the international community with the degree of changes being implemented by the government. As Western nations prepare to suspend and lift sanctions on Myanmar, questions arise as to the reasons motivating the many political actors for the quick change of course. Although a […]

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